Beyonce Gushes About Celebrity BFF Gwyneth Paltrow: "She's A Great Friend On Every Level"

Talk about megastar mommies! Celebrity BFFs Beyonce and Gwyneth Paltrow share more than just major red carpet wattage -- the two showbiz staples are also two of Hollywood's busiest working mothers.

And Beyonce, who stunned in a sheer, sparkly gown at the NYC premiere of her HBO documentary Life Is But a Dream on Tuesday, Feb. 12, is vocally grateful to have a pal who understands the demands of both fame and family.

"She is incredible," the "Love on Top" singer told E! News of Paltrow, 40. "She's a great friend on every level. I think for us, protecting our daughters is so important and … keeping things on our own terms, so I will still be protective and make sure [Blue Ivy] has a childhood and a great time."

The singer's documentary, which is set to air on Saturday, Feb. 16, will reveal some of the more intimate parts of her life -- both behind the scenes and in the comforts of her home, which is something Beyonce was initially concerned about.

Looking to her own mother for inspiration, however, the 31-year-old star now reasons that she'll just have to trust her own skills as a parent (with husband Jay-Z) to protect daughter Blue Ivy, 13 months.

"At some point, you know it is what it is, you can't control it anymore," she said. "But I know as long as I'm the mother that I know I can be and the mother I have -- such an incredible mother -- my daughter's going to be fine."